________________Snapshot at 8.10 a.m. (2010 GMT)________________
Stock Markets
S&P/ASX 200 4,611.11 -41.67 NZSX 50 3,191.01 -4.80
DJIA 10,620.16 -162.79 Nikkei 10,462.51 -158.04
NASDAQ 2,346.85 -47.51 FTSE 5,262.85 -170.88
S&P 500 1,135.68 -21.76 Hang Seng 20,145.43 -277.03
SPI 200 Fut 4,531.00 -79.00 CRB Index 258.55 -7.23
Bonds (Yield)
AU 10 YR Bond 5.460 +0.055 US 10 YR Bond 3.457 +0.000
NZ 10 YR Bond 5.825 +0.000 US 30 YR Bond 4.341 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8853 0.8955 NZD US$ 0.7069 0.7132
EUR US$ 1.2362 1.2567 Yen US$ 92.44 92.89
Commodities
Gold (Lon) 1236.50 Silver (Lon) 19.640
Gold (NY) 1230.05 Light Crude 72.01
EQUITIES
NEW YORK - U.S. stocks fell on Friday on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt.
The Dow Jones industrial average dropped 162.79 points, or 1.51 percent, to end at 10,620.16. The Standard & Poor's 500 Index fell 21.76 points, or 1.88 percent, to 1,135.68. The Nasdaq Composite Index lost 47.51 points, or 1.98 percent, to close at 2,346.85.
For a full report, double click on
- - - -
LONDON - Britain's top shares slid on Friday as investors shunned banks, miners and commodity stocks in favour of safe havens such as the dollar and yen, fearing euro zone debt problems will snuff out economic recovery.
The FTSE 100 ended down 170.88 points, or 3.1 percent, at 5,262.85, having risen 0.9 percent to 5,433.73 on Thursday to hit its highest closing level since April 30.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average lost 1.5 percent on Friday, hit by a disappointing profit outlook from Sony Corp but the benchmark came off the day's lows as the yen weakened.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to make a weaker start on Monday, after worries about the impact of heavy spending cuts in the euro zone helped push Wall Street and global markets lower.
Share price index futures fell 1.7 percent to 4,531, a 80.1-point discount to the underlying S&P/ASX 200 index.
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro plunged to an 18-month low against the dollar on Friday as investors worried that harsh spending cuts mandated by a bailout plan may choke off a fragile recovery in the 16-country euro zone.
The euro traded below $1.24 for the first time since late
2008 and was down 4.2 percent this week -
its weakest performance since the week ending Oct. 26, 2008.
The debt crisis is expected to prevent the European Central Bank, which started buying European government bonds this week, from raising record low borrowing costs any time soon.
The euro was 1.3 percent weaker at $1.2370 after hitting $1.2358, its lowest level since October 2008. It is already down more than 13 percent this year against the U.S. ollar, making it the worst-performing major currency.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. government bonds rallied on Friday as persistent worries over the euro zone's debt crisis led investors to ditch stocks for the safer harbor of Treasuries.
The bond market shrugged off data showing a bigger-than-expected rise in April U.S. retail sales, focusing instead on the slumping euro, which fell to an 18-month low against the dollar, under $1.24. For details see.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold ended flat on Friday after an early rally to record highs fizzled, but the metal posted its fourth straight weekly increase as jittery investors fretted that a $1 trillion European rescue could be too late to contain debt contagion.
For a full report, double click on
- - - -
BASE METALS
LONDON - Industrial metals fell under the weight of a strong dollar on Friday, while ongoing concerns about sovereign debt in Europe and possible fiscal tightening in China underscored the fragility of the global recovery.
Copper for July delivery on the New York Mercantile Exchange's COMEX division slumped 9.75 cents, or 3 percent, to settle at $3.1340 per lb, after dealing in a range from $3.2280 to $3.1170, its lowest level since May 7.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. crude oil futures fell more than 3 percent to a three-month low on Friday, dropping for a fourth straight session as concerns the European debt crisis will curb energy demand growth weighed on prices already under pressure from swollen U.S. oil inventories.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,611.11 -41.67 NZSX 50 3,191.01 -4.80
DJIA 10,620.16 -162.79 Nikkei 10,462.51 -158.04
NASDAQ 2,346.85 -47.51 FTSE 5,262.85 -170.88
S&P 500 1,135.68 -21.76 Hang Seng 20,145.43 -277.03
SPI 200 Fut 4,531.00 -79.00 CRB Index 258.55 -7.23
Bonds (Yield)
AU 10 YR Bond 5.460 +0.055 US 10 YR Bond 3.457 +0.000
NZ 10 YR Bond 5.825 +0.000 US 30 YR Bond 4.341 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8853 0.8955 NZD US$ 0.7069 0.7132
EUR US$ 1.2362 1.2567 Yen US$ 92.44 92.89
Commodities
Gold (Lon) 1236.50 Silver (Lon) 19.640
Gold (NY) 1230.05 Light Crude 72.01
EQUITIES
NEW YORK - U.S. stocks fell on Friday on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt.
The Dow Jones industrial average dropped 162.79 points, or 1.51 percent, to end at 10,620.16. The Standard & Poor's 500 Index fell 21.76 points, or 1.88 percent, to 1,135.68. The Nasdaq Composite Index lost 47.51 points, or 1.98 percent, to close at 2,346.85.
For a full report, double click on
- - - -
LONDON - Britain's top shares slid on Friday as investors shunned banks, miners and commodity stocks in favour of safe havens such as the dollar and yen, fearing euro zone debt problems will snuff out economic recovery.
The FTSE 100 ended down 170.88 points, or 3.1 percent, at 5,262.85, having risen 0.9 percent to 5,433.73 on Thursday to hit its highest closing level since April 30.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average lost 1.5 percent on Friday, hit by a disappointing profit outlook from Sony Corp but the benchmark came off the day's lows as the yen weakened.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to make a weaker start on Monday, after worries about the impact of heavy spending cuts in the euro zone helped push Wall Street and global markets lower.
Share price index futures fell 1.7 percent to 4,531, a 80.1-point discount to the underlying S&P/ASX 200 index.
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro plunged to an 18-month low against the dollar on Friday as investors worried that harsh spending cuts mandated by a bailout plan may choke off a fragile recovery in the 16-country euro zone.
The euro traded below $1.24 for the first time since late
2008 and was down 4.2 percent this week -
its weakest performance since the week ending Oct. 26, 2008.
The debt crisis is expected to prevent the European Central Bank, which started buying European government bonds this week, from raising record low borrowing costs any time soon.
The euro was 1.3 percent weaker at $1.2370 after hitting $1.2358, its lowest level since October 2008. It is already down more than 13 percent this year against the U.S. ollar, making it the worst-performing major currency.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. government bonds rallied on Friday as persistent worries over the euro zone's debt crisis led investors to ditch stocks for the safer harbor of Treasuries.
The bond market shrugged off data showing a bigger-than-expected rise in April U.S. retail sales, focusing instead on the slumping euro, which fell to an 18-month low against the dollar, under $1.24. For details see.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold ended flat on Friday after an early rally to record highs fizzled, but the metal posted its fourth straight weekly increase as jittery investors fretted that a $1 trillion European rescue could be too late to contain debt contagion.
For a full report, double click on
- - - -
BASE METALS
LONDON - Industrial metals fell under the weight of a strong dollar on Friday, while ongoing concerns about sovereign debt in Europe and possible fiscal tightening in China underscored the fragility of the global recovery.
Copper for July delivery on the New York Mercantile Exchange's COMEX division slumped 9.75 cents, or 3 percent, to settle at $3.1340 per lb, after dealing in a range from $3.2280 to $3.1170, its lowest level since May 7.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. crude oil futures fell more than 3 percent to a three-month low on Friday, dropping for a fourth straight session as concerns the European debt crisis will curb energy demand growth weighed on prices already under pressure from swollen U.S. oil inventories.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.